Material Resource Planing

Taiichi Ohno and the
Toyota Production System


604-070-1


This case was written by Shirisha Regani, under the counselor-at-law of Sanjib Dutta,
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604-070-1

TAIICHI OHNO AND THE TOYOTA PRODUCTION establishment

The Toyota Production System has to evolve constantly to cope with dangerous competition in the
global marketplace

- Taiichi Ohno, the architect of Toyotas Production System, in 1977.1

The more profitable Toyota becomes, the more aid TPS gets.
- Rieko Ohsaki, business development manager at OJT, a TPS consulting steady in 2004.



2

RICHEST AUTOMOBILE COMPANY

In May 2004, Toyota Motor friendship (Toyota) announced record financial results for the
fiscal year ended March 2004. The companys r nonethelessues and operating income had reached highs
of $163 billion and $15 billion respectively (Refer Exhibit I). What was noteworthy, however,
was that the companys sack up net income were more than double the combined net earnings of
automobile majors General Motors (GM), Ford, DaimlerChrysler, and Honda for their latest
fiscals (Refer Exhibit II).

Toyota was firmly intrench as the most profitable company in the automobile industry in the
early 2000s. At a sentence when the giants of the industry were making meager profits and some
were even suffering losses, Toyota...If you want to get a full essay, show it on our website: Orderessay



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